In May 2025, a massive money laundering case involving a Chinese telecom fraud gang burst in Pattaya, Thailand, shaking the country's financial system and triggering a chain reaction. Following the incident, several Thai banks urgently froze numerous accounts of foreigners, focusing on cardholders f
The Thai banking industry is about to experience a significant breakthrough in the cryptocurrency field. Kaweewut Temphuwapat, the new CEO of SCB10X, a venture capital arm of Siam Commercial Bank (SCB), recently stated that under the support of the regulatory sandbox mechanism, Thai commercial banks
Recently, an internal audit at Sendit Tech revealed an online gambling transaction scandal involving more than 10 billion Thai Baht, shocking the Thai fintech sector.Sendit Tech is a joint venture supported by Indonesian and American investors, which entered the Thai market in 2022 by acquiring a lo
In response to the continuous exposure of violent debt collection and harassment scandals on Philippine online lending platforms, Senator Sherwin Gatchalian publicly voiced his concerns, urging for the expedited deliberation of the "Fair Debt Collection Practices Act" to curb the increasingly severe
Payment company Block (formerly known as Square, ticker: XYZ.N) has agreed to pay a $40 million civil penalty and hire an independent monitor to resolve allegations by the New York State Department of Financial Services (NYDFS) that its mobile payment service Cash App failed to implement effective a
I. Group OverviewPrince Holding Group, one of the most influential conglomerates in Cambodia, operates in sectors including gaming entertainment, real estate, finance, tourism, and infrastructure. Led by **Neak Oknha Chen Zhi**, the group has risen rapidly due to its close ties with Cambodian polit
In recent years, with the rapid development of global financial technology, Mexico, as the second largest economy in Latin America, has gradually become a popular destination for the overseas expansion of microfinance companies. Its large population base, high financial demand, and relatively relaxe
Today, Huawang Payment issued a statement responding to recent rumors about its company operations, stating that these rumors are false and emphasizing that legal measures will be taken against the malicious rumor-mongering by criminals. Here is the full statement:Huawang Payment StatementRecently,
According to local media in the UAE, three more companies have obtained gambling-related supplier licenses in the UAE.As of now, the UAE Commercial Gambling Regulatory Authority (GCGRA) has issued such licenses to five companies.Aristocrat is the first international slot machine and online technolog
ProntoPaga, a leading payment solutions company in Latin America, announces a key transformation in its operational format for the Brazilian market. With the implementation of a new model as a Technology Service Provider (PST), ProntoPaga is taking an important step, generating a positive impact on
The Premier League, long associated with well-known betting sponsorships, is undergoing a significant transformation as clubs begin to turn to cryptocurrency companies to fill the funding gaps brought about by regulatory changes. Starting from the 2026/27 season, Premier League teams will no longer
HIPTHER Agency has announced the final agenda for the 2024 European Gaming Congress (EGC), which will take place from October 14 to 16, 2024, in Warsaw, Poland.Topics include gambling compliance, financial technology, blockchain, esports, online casinos, sports betting, affiliate marketing, search e
The stock and cryptocurrency trading platform TradeOff has appointed esports and gaming industry notable Mike Rufail as its new CEO. The platform aims to revolutionize the way trading is done by integrating trading with gaming elements, providing users with an engaging and educational experience.In
PayPal is the undisputed leader in the global online payment industry, with 435 million users worldwide and annual transactions exceeding 1.5 trillion US dollars.This digital payment giant has completely transformed the way people and businesses manage their finances, providing a seamless, secure,
Canadian fintech company Nuvei Corporation has agreed to acquire US-based integrated payments and business solutions provider Paya Holdings for $1.3 billion.Nuvei stated that this all-cash transaction at $9.75 per share will enhance its ability to execute high-growth integrated payment opportunities
Pay4Fun is the first payment institution in the sports betting field authorized by the Central Bank of Brazil, having just announced the launch of the first digital account focused on the sports betting market.It was created to meet the specific needs of iGaming users, with the main goal of providin
